ubs maintains buy rating for valeo with target price of 13 euros

Valeo's third-quarter sales figures were released, and UBS has maintained its 'Buy' rating for the company. They have set a price target of 13 euros.

Analyst David Lesne mentioned that Valeo's performance did not meet market expectations, but the company showed resilience in Europe, with stable revenues on a comparable basis.

Valeo's stock is currently priced at €10.185, reflecting a slight increase of 0.05%. The stock has experienced fluctuations throughout the year, reaching a high of €14.66 and a low of €8.58. Trading activity has been observed on various exchanges, including Tradegate and Frankfurt, with minor changes in stock value reported.

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